Looking at Liverpool, I don't see them as being better than us - for all the criticism of our transfer policy, I think we've got a better squad, man-for-man. And I certainly don't see them as having a better squad than any of last year's Top 4. For me, even with a half-decent manager they are at most the sixth best team in the league (and depending on how a few others strengthen, maybe not even that).
So when you add in the fact that they probably don't have the right manager, I think they could be in for a struggle to finish Top 8 this year.
Most people would probably agree that, on paper, last year's Top 4 probably still have the best squads. There are weaknesses for sure (Man Utd's defence, for example) but by-and-large they have the best squads. Thing is, it goes without saying that teams can over, or under, perform in a given season. I'm half-convinced that van Gaal is going to have an under-performing season with United. No matter how much they spend, I think he'll still work hard finding a way to mess it up. And I think we are - without a doubt - the most likely team to capitalise on that. I am 100% confident that we will end August with a minimum of three new players - more likely four. The astute way we have done business this summer (strengthening our defence because the players were immediately available; offloading a lot of fringe players - a process that's still ongoing) suggests to me that Levy has learnt from previous windows and we are not going to leave glaring gaps in our squad this time around.